Bitcoin (BTCUSD): "The banks are pumping liquidity into th...

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StockSniper00

Re: Macaveli post# 12529

Saturday, 09/21/2019 1:57:19 AM

Saturday, September 21, 2019 1:57:19 AM

"The banks are pumping liquidity into the markets. Your dad’s stock market ended in 2008..The markets are fake as the banks are injecting liquidity and corporations are buying back their stock.. but keep believing in TA and think the market is organic. It’s not. BUY and HODL Bitcoin."

Your logical fallacy is affirming the consequent. Yes, the Fed has been injecting liquidity and the market is fake, but that doesn't nullify technical analysis. The algos are hitting fib levels to the tick. You have no clue what you're talking about. You must be one of these 18-year-olds that just discovered trading and think they have it figured out because they luck boxed. HODL is just buying and holding. You sound just like all the silverbugs did several years ago. They didn't want to listen either now they are all holding the bag.

An investment in knowledge pays the best interest.
Benjamin Franklin

Everything I post is my opinion. Do your own DD before making any investment decision.